Delhivery Ltd
Delhivery provides a full range of Logistics services, including delivery of express parcels and heavy goods, PTL freight, TL freight, warehousing, supply chain solutions, cross-border Express, freight services, and supply chain software. The company also offers value-added services such as e-commerce return services, payment collection and processing, installation & assembly services, and fraud detection.[1]
- Market Cap ₹ 32,092 Cr.
- Current Price ₹ 430
- High / Low ₹ 449 / 237
- Stock P/E 161
- Book Value ₹ 127
- Dividend Yield 0.00 %
- ROCE 2.72 %
- ROE 1.80 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 20.5% CAGR over last 5 years
Cons
- Stock is trading at 3.40 times its book value
- Company has a low return on equity of -4.32% over last 3 years.
- Earnings include an other income of Rs.477 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Transport Services Logistics Solution Provider
Part of BSE 500 Nifty 500 BSE MidCap Nifty Smallcap 100 BSE Allcap
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|
1,654 | 2,781 | 3,647 | 6,882 | 7,225 | 8,142 | 8,932 | 9,054 | |
3,272 | 2,952 | 3,769 | 7,357 | 7,677 | 8,015 | 8,556 | 8,642 | |
Operating Profit | -1,618 | -171 | -123 | -475 | -452 | 127 | 376 | 411 |
OPM % | -98% | -6% | -3% | -7% | -6% | 2% | 4% | 5% |
41 | 207 | 150 | 156 | 319 | 439 | 442 | 477 | |
Interest | 36 | 49 | 89 | 100 | 89 | 89 | 126 | 132 |
Depreciation | 170 | 256 | 355 | 611 | 831 | 722 | 535 | 563 |
Profit before tax | -1,783 | -269 | -416 | -1,029 | -1,053 | -244 | 157 | 194 |
Tax % | 0% | 0% | 0% | -2% | -4% | 2% | -3% | |
-1,783 | -269 | -416 | -1,011 | -1,008 | -249 | 162 | 199 | |
EPS in Rs | -18,607.05 | -2,758.26 | -2,492.60 | -15.75 | -13.83 | -3.38 | 2.17 | 2.67 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 9% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 29% |
TTM: | 343% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -11% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -8% |
3 Years: | -4% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.96 | 0.98 | 2 | 64 | 73 | 74 | 75 |
Reserves | 3,348 | 3,130 | 2,800 | 5,893 | 9,104 | 9,071 | 9,358 |
450 | 794 | 1,152 | 1,102 | 923 | 1,169 | 1,422 | |
264 | 432 | 644 | 1,192 | 1,090 | 1,139 | 1,209 | |
Total Liabilities | 4,063 | 4,357 | 4,598 | 8,251 | 11,191 | 11,453 | 12,063 |
488 | 744 | 1,053 | 3,052 | 2,995 | 3,354 | 3,887 | |
CWIP | 1 | 32 | 77 | 60 | 23 | 29 | 33 |
Investments | 1,155 | 1,188 | 1,128 | 2,091 | 2,094 | 2,776 | 3,578 |
2,419 | 2,394 | 2,340 | 3,048 | 6,078 | 5,295 | 4,565 | |
Total Assets | 4,063 | 4,357 | 4,598 | 8,251 | 11,191 | 11,453 | 12,063 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
-243 | -634 | 5 | -241 | -30 | 472 | 567 | |
-939 | -933 | 338 | -2,742 | -3,408 | -99 | -104 | |
2,858 | -17 | -147 | 2,902 | 3,538 | -366 | -432 | |
Net Cash Flow | 1,676 | -1,583 | 196 | -81 | 100 | 8 | 31 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 47 | 79 | 60 | 53 | 77 | 64 | 58 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 47 | 79 | 60 | 53 | 77 | 64 | 58 |
Working Capital Days | 21 | 88 | 89 | 41 | 178 | 109 | 172 |
ROCE % | -7% | -8% | -17% | -11% | -2% | 3% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11s - Newspaper publication on financial results for the quarter ended on June 30, 2025
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13h - Audio recording of Q1 FY2026 earnings call for June 30, 2025 results shared.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
18h - Delhivery's Q1 FY26 monitoring report shows no deviation; IPO proceeds utilized as per offer document.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
18h - Delhivery appoints two independent directors; longest-serving director to resign by Sept 2025.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
18h - Delhivery appoints Dr. Padmini Srinivasan and Mr. Yashish Dahiya as independent directors for five years.
Annual reports
Concalls
-
Aug 2025TranscriptNotesPPT
-
May 2025Transcript PPT REC
-
Feb 2025Transcript PPT REC
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT REC
-
Aug 2024TranscriptNotesPPT
-
May 2024Transcript PPT REC
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Aug 2023Transcript PPT
-
Jun 2023TranscriptNotesPPT
-
Jun 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptNotesPPT
-
Dec 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
Jun 2022Transcript PPT
-
May 2022TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
Leading Logistics Player[1]
Delhivery is the largest and fastest-growing fully integrated logistic company in India by revenue in FY24. It provides full range of logistics and value-added services serving over 220 countries and territories.